Reconstructing Microsoft: the new Marshall plan

In 1992, Marshall Phelps took charge of IBM's drive to commercialise its IPassets. At the time, IBM was a net payer for IP. By the time Phelps left in2000, Big Blue was bringing in approaching US$2 billion a year fromexploiting its rights. Now that Phelps has joined Microsoft as its IP supremo,can he pull off the same trick again? By Rick Marsland